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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Cargo Owners for Zero Emissions Vessels (coZEV) launched the Roadmap to 2040 which includes the creation of a new maritime freight buyers alliance, a cargo owner policy coalition, and a green corridor advisory board to enable full decarbonisation of ocean freight. In the works is a global maritime taxation system targeting bunkers.

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December 19, 2023 Update

Freightos

In response, the US Department of Defense announced the launch of Operation Prosperity Guardian which will work alongside existing navy assets in the region to address the Houthi threat and will include support from the United Kingdom, Bahrain, Canada, France, Italy, Netherlands, Norway, Seychelles and Spain. China – N.

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Shipping Prospects Heat Up in the Arctic

Elementum

While relatively little cargo currently passes through the Arctic, traffic through the region is likely to increase over the next decade as shippers take advantage of freshly-thawed routes. the Suez and Panama Canals) remains a point of contention. Not All Smooth Sailing From Here. However, the story gets more complicated.

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Shipping Prospects Heat Up in the Arctic

Elementum

While relatively little cargo currently passes through the Arctic, traffic through the region is likely to increase over the next decade as shippers take advantage of freshly-thawed routes. the Suez and Panama Canals) remains a point of contention. Not All Smooth Sailing From Here. However, the story gets more complicated.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs. East Coast ports, even though most cargo from Asia to the East Coast typically travels across the Pacific and through the Panama Canal.